Cradle Resources Limited (AU:EE1) has released an update.
Cradle Resources Limited has expressed confidence in their strategic positioning within Australia’s renewable energy sector, following recent government initiatives in Queensland and South Australia that support the growth of clean energy, including aggressive targets for emissions reduction and renewable energy. The company, holding key geothermal assets, is set to contribute significantly to the emission-free, 24/7 baseload power required for the country’s clean energy transition. Their geothermal exploration permits and applications are strategically located near major power networks and industrial activities, enhancing their role in Australia’s push towards renewable energy solutions.
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